| Australian Dollar Retreats on Disappointing Retail Sales, Lending Data (Euro Open) (Daily FX) The Australian Dollar fell sharply lower, losing its grip on the 0.86 level against the US Dollar after Retail Sales, Home Loans and Investment Lending figures disappointed, showing that fading fiscal stimulus and rising borrowing costs may be undermining Australia?s economic recovery. us.rd.yahoo.com |
Corporate Earnings Season May Trump ECB Rate Decision in Determining Euro's Direction. (Daily FX) The EUR/USD has steadily risen throughout the past week outside some weakness today as it continues to see risk appetite dictate price action. Demand for higher yields is currently explaining 52% of volatility which is significantly higher from last week?s 39%. us.rd.yahoo.com |
Eur/Usd (Daily FX) This daily chart of the EUR/USD shows a market in a strong uptrend. It also shows a market that has been range bound for the last two weeks. us.rd.yahoo.com |
Gold to Follow Silver Lower, Oil Looks to Dollar For Direction (Daily FX) Gold prices are positioning to follow silver lower with the cheaper precious metal showing signs of a major bearish reversal, while crude oil prices look to the US dollar to set directio heading into the end of the trading week. us.rd.yahoo.com |
Dollar mixed against other currencies in quiet trading (CNNMoney.com) The dollar fell against the U.K. pound Monday but held steady against other currencies in a quiet trading session. us.rd.yahoo.com |